Certain Fringe Benefits Tax (“FBT”) exemptions will now apply to businesses with turnovers between $10 million and $50 million. Retraining of redundant and redeployed employees will also be exempt from FBT. Record-keeping requirements may also be reduced in future.
The broadening of the income tax system under then Treasurer, the Hon Paul Keating, to encompass capital gains tax (CGT), from 20 September 1985 represented a profound structural shift in Australia’s federal income tax system.
Amendments to the JobKeeper rules have made changes to the decline in turnover test that will apply to JobKeeper extension payments. Employers must now calculate their decline in turnover under the GST attribution rules that apply to them for BAS reporting purposes.
Michael is the Managing Partner of Pitcher Partners Newcastle and Hunter. He brings a deep knowledge of taxation issues, effective structuring, superannuation, and business improvement knowledge to his clients. With a relatable approach, Michael enjoys working alongside people to help them achieve their business and financial goals. He appreciates that every business is different and […]
Simon leads the Pitcher Partners Brisbane tax consulting group and has extensive experience delivering high value advice in corporate tax, M&A, due diligence and commercial joint venture structuring. He has also built a consistent tax compliance practice over the years; proactively managing the tax compliance functions of large investment funds (both Queensland State owned and […]
Scott identifies and resolves complex taxation issues for high wealth and business clients, with a focus on property groups including investment, development and construction – from first time property owners to established players as well as more complex retirement villages, aged care and related investments. His broad understanding of taxation matters related to the industry […]
Howard provides tax advice to a range of industries including financial services, mining, primary production, technology, and consumer and industrial products. His commercial knowledge helps him resolve complex tax matters. Howard has assisted many clients take their business to the next level through expansion overseas, transactions such as acquisitions and also listing on the Australian […]
Chris advises on a broad range of tax issues, including tax efficient structuring for investing in and out of Australia, corporate reorganisation strategies and cross-border employment issues. As a qualified lawyer, Chris takes complex tax laws and applies them to a client’s unique circumstances, resulting in a tailored and commercial solution. Working closely with clients, […]
Craig heads up Pitcher Partners’ Transaction Taxes Team, which advises on all aspects of Goods and Services Tax, Stamp Duty (nationally), Land Tax (nationally), Windfall Gains Tax, the Growth Areas Infrastructure Contribution and Fuel Tax Credits. He is highly skilled in working with businesses in the property industry, and also advises clients in manufacturing and […]
The Federal Government’s package of reforms aimed at addressing illegal phoenix activity is now law. One of the more significant measures under the reforms is the extension of the director penalty regime to include GST and other indirect tax liabilities of a company.
Thank you for you interest